The drug sector rallied straight from the March 09 low to August 2015. This is the sector benefited the most from the last four-year cycle. The leadership has been lost to the present leaders. It is in correction phase that has more room on the down side. It only corrected 38% of the 6-year bull […]

During the past rally, the leading sectors are banking & industrials. The leading sectors from the previous cycle have been rotated out of leadership positions. The following stocks have been selected as representatives of each of the leading sectors. It’s very encouraging to see the two stocks from the chip sector.